Blue Fin Capital Inc. Buys 7,106 Shares of Alphabet Inc. $GOOGL

Blue Fin Capital Inc. grew its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 6.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 122,549 shares of the information services provider's stock after acquiring an additional 7,106 shares during the quarter. Alphabet accounts for 5.7% of Blue Fin Capital Inc.'s portfolio, making the stock its 4th biggest holding. Blue Fin Capital Inc.'s holdings in Alphabet were worth $42,167,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Titleist Asset Management LLC increased its stake in Alphabet by 6.4% in the 3rd quarter. Titleist Asset Management LLC now owns 34,613 shares of the information services provider's stock worth $11,909,000 after buying an additional 2,096 shares during the period. PFG Investments LLC raised its holdings in Alphabet by 2.6% in the first quarter. PFG Investments LLC now owns 89,299 shares of the information services provider's stock worth $25,679,000 after purchasing an additional 2,269 shares in the last quarter. Elefante Mark B boosted its stake in Alphabet by 4.5% in the second quarter. Elefante Mark B now owns 43,733 shares of the information services provider's stock valued at $15,629,000 after acquiring an additional 1,897 shares in the last quarter. Nwam LLC grew its stake in Alphabet by 19.6% during the 1st quarter. Nwam LLC now owns 49,128 shares of the information services provider's stock worth $14,127,000 after buying an additional 8,055 shares during the last quarter. Finally, WCM Investment Management LLC grew its stake in shares of Alphabet by 287.4% during the first quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider's stock worth $1,063,000 after acquiring an additional 2,883 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on GOOGL. JPMorgan Chase & Co. upped their target price on Alphabet from $420.00 to $425.00 and gave the company an "overweight" rating in a research report on Thursday, October 15th. Roth Capital reaffirmed a "buy" rating and issued a $440.00 price target (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Phillip Securities raised shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 27th. Susquehanna reduced their target price on shares of Alphabet from $460.00 to $400.00 and set a "positive" rating for the company in a research report on Thursday, October 29th. Finally, Tigress Financial reiterated a "strong-buy" rating and issued a $485.00 target price (up from $415.00) on shares of Alphabet in a report on Thursday, September 17th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, Alphabet currently has a consensus rating of "Buy" and a consensus price target of $412.51.

Insider Activity

In other Alphabet news, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders sold 247 shares of company stock worth $79,238. Corporate insiders own 11.61% of the company's stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
• Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
• Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
• Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
• Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

Alphabet Price Performance

GOOGL stock opened at $284.78 on Monday. The company's 50 day moving average price is $332.93 and its 200 day moving average price is $338.97. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. Alphabet Inc. has a fifty-two week low of $270.70 and a fifty-two week high of $408.61. The firm has a market capitalization of $3.50 trillion, a price-to-earnings ratio of 14.86, a PEG ratio of 0.86 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.02 by ($0.90). The firm had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. On average, equities research analysts anticipate that Alphabet Inc. will post 19.86 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet's dividend payout ratio is currently 4.59%.

About Alphabet

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google's products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.